Authorities in Belgium have launched an investigation after a man believed to be a cryptocurrency investor was found dead in his apartment last week. According to local reports, the man had been missing for several days before his body was discovered in an advanced state of decomposition.
Sources close to the investigation revealed that the deceased, whose identity has not yet been publicly released, had reportedly invested a large sum — estimated at around $300,000 — into Pi Coin, a cryptocurrency that saw a sharp decline in value during the mid-October market downturn.
Friends told investigators that the man had borrowed money from multiple lenders to make the investment, with hopes of repaying them once prices rose. However, as the market dipped, he allegedly became overwhelmed by financial stress and went missing shortly after.
Police say there are no immediate signs of foul play, but a full autopsy has been ordered to determine the exact cause of death.
Financial experts and mental health advocates are urging investors to avoid making high-risk investments with borrowed funds, especially in volatile markets such as cryptocurrency.
If you or someone you know is struggling with financial or emotional distress, you are encouraged to reach out to local mental health helplines for support.